"The greater the political power of corporations and those
aligned with them, the less the political power of the people, and
the less meaningful democracy becomes." -- David Korten,
Economist and Social Activist
In our social and economic relationships we must always deal with
the dichotomy of whatever is good now and with whatever is good for
our future; however, in our present social choices we should always
abide by the principle of not jeopardizing our future. Also, and
very importantly, our social living should thrive in a democratic
environment where we can express responsibly our freedoms.
Something very bad is happening in our society, and this
something bad is the erosion of our democracy brought by the social
supremacy of the big corporations. Since money is power, and the
corporations' economic purpose is to make money with money, the
corporations have acquired in our society a role more important than
people. As a consequence, what was at one time a good or a service
to satisfy our needs is now a good or a service to satisfy our
wants; and keep in mind that these wants of ours are created in the
economic and social setting where corporations make money with
money.
Therefore, without our own knowing, we buy goods and services
created by corporations and these goods and services are pushed
through public relations and advertising in the so called Free
Market. In a social and economic environment where money is power,
the corporations have the interest to make money with money and
therefore they don't have the long term interest of people to have a
better life.
This underlining behaviour of corporations is best exemplified by
the recent collapse of the gigantic Enron corporation where in a
span of six weeks the value of the corporation's stock tumbled to
nothing. With the deregulation of the energy market and with the
assistance of the Bush family, the Enron's top owners were able to
make millions and millions of dollars at the expense of people.
Enron's top owners and executives cooked their books and gave
themselves million dollar bonuses just few days before the
corporation declared bankruptcy and put thousands of employees out
of work.
In a social and economic setting where corporations rule our
lives, democracy becomes decadent, governments work for the
corporations, the gap between the rich and the poor widens, more
corporate and religious sponsored charitable organizations are
needed to attend for the poor, and more corporate and governmental
experts are needed as people either cannot think for themselves or
have become alienated and disenfranchised.
References
Pertinent articles published in Ensign
Multinational Bankrupt Enron: an example of colonization, greed,
fraud, corruption, and gambling, by Mario deSantis, November 30,
2001
Enron Paid Out 'Retention' Bonuses Before Bankruptcy Filing, by
Richard A. Oppel Jr. and Kurt Eichenwald, December 6, 2001, The New
York Times |